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flag KiwiSaver funds saw mixed performance in Q1 2025, with trade tariffs impacting growth.

flag New Zealand's KiwiSaver scheme saw limited growth in the March quarter, with most funds experiencing losses due to US President Donald Trump's trade tariffs. flag Despite declines in high-growth and balanced funds, annual returns across all categories remain positive at about 5-5.5%. flag The Kernel Kensho Moonshots Innovation fund suffered the most, losing 23.1%, while SuperLife's Europe fund was the top performer, gaining 9.7%. flag KiwiSaver's diversified investment approach helped mitigate market downturns.

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